Just got the scoop from my guy who works at Bryan Mound (Strategic Petroleum Reserve). As you may know, the largest reserve site in the U.S. is located a few miles from where I work in Freeport. It hold 200+ million barrels of oil. They got a visitor from Washington D.C. authorizing the release of 80-90 million barrels across all 4 sites in the U.S. It will be sold to Exxon Mobil for the purpose of flooding the market to bring down gas prices (temporarily). Just in time for the election. The president can do this without Congress. What an advantage he has over other candidates. That's democracy for you. America will be duped once again by Obama the Great in thinking he rescued them from $4 gas.

BO will do anything to get past the Nov. election. As he told the Russians, he’ll be much more “flexible” after his re-election, when all coal mines and gas and oil exploration will be outlawed in favor of “green” energy projects such as Solyndra.

AT 18.5 M+ bbl/day usage in the US, pulling 90 M bbl isn't, excuse me, shit. This is a political ploy which places this country's military preparedness in a potentially dire global action in severe jeopardy.

The last time this happened, also in a Democrat administration, was to deliver 'heating oil' to Democrat voters in the New England states. The REAL purpose of this besides getting votes is to allow favored administration friends of Obama to cash in massively.

In Clinton's time, this was done by requiring the resale of this oil boon to be handled by minority oil brokers. The most egregious of these was a black guy that knew someone who knew someone in Clinton's administration - he ran his new company out of his NY apartment and skimmed a buttload off millions of dollars for oil he never even saw.

Have not heard it but on FR we get people that are in positions to report stuff they have contact about. For example, when the hurricane flooded New Orleans.

On the notion of 200 million barrels of oil flooding being sufficient to so flood the market as to decrease the price of gasoline, consider the U.S. uses about 20 million barrels a day.

Whose math is better than mine? How many day supply is 200 million barrels at 20 million barrels a day?

Project back from election day, allow time for the delivery and production of the reserve oil to find its way to the gas pump, factor in how many days ahead of that are optimal to impact voting and we have an approximate idea of when we should see some action if this is actually going to take place.

12
posted on 05/05/2012 7:32:26 AM PDT
by gunsequalfreedom
(Conservative is not a label of convenience. It is a guide to your actions.)

I just did the same math only to find you’d already made the point. This is no more than dangerous showboating that gives Obama something blather about and the hell of it is, some people will be dumb enough to give him credit for doing something, even though they’re paying the same price at the pump.

Democrat voters who don’t own cars, for example...along with the usual dead voters who seem to always vote Democrat on election day.

Also note the SPR would never need to supply all our oil needs at the same time. Worst case would need to supply the total amount from OPEC. A war or an embargo is not going to shut down our supply of oil from Texas, North Dakota, California, etc. We currently import ~3.8 MMBPD from OPEC.

I just did the same math only to find youd already made the point....

Most sane and logical people would do the same. Only, no one, NO ONE ever claimed that an Obama voter has any sanity or logic in them whatsoever. Were that so, Obama and his SAB Michelle would be back in Chicago hawking their same old tired race-baiting discontent to even more worthless believers.

How many day supply is 200 million barrels at 20 million barrels a day? The maximum withdraw rate from the SPR is 4.4 MMBPD; that rate requires all 4 reserve sites flowing at maximum rate. The reserve currently holds 695.9 million barrels.

Ask a simple question on FR and you get all kinds of very smart, thinking answers. You gotta love this place!

20
posted on 05/05/2012 7:56:04 AM PDT
by gunsequalfreedom
(Conservative is not a label of convenience. It is a guide to your actions.)

I understood that - it’s logical. Quibling about what the SPR drawdown needs would be (e.g., for dire military petroleum needs) is, in fact, pointless and outside the purpose of this ploy.

Whether it is one day, five days or a month is not the point, either. Sure, oil is available from domestic sources, but you’re seriously going to tell me an Obama administration won’t sequester that source for HIS purposes to keep HIS people happy? It is a stunt, period.

SPR - Strategic - STRATEGIC Petroleum Reserves - Think about that and how big this drawdown is and what it is for. There is nothing strategic about it.

Yes, I am saying he will do whatever it takes to take care of his voters. His EPA is killing coal fired electricity generation, making sure that new nuclear generation will be a fantasy, oil from shale, oil from Canada, oil in ANWR, oil from the Gulf, etc. won’t be available. What trouble is it to create a spill domestically and have another ‘gulf emergency’? All he needs is the excuse the MSM will parrot and reinforce.

The fewer sources he has to clamp down on means his power is more effective with the ones he does have to take over, e.g., SPR. In other words, yes, he would do it.

I guess you could think that, but I think it gives the incompetent Muslim too much credit. His past three years shows him to be relentless in implementing his ideology, but the numerous failures have always been followed by his constant blaming of others. This isn’t strategic in my opinion - it is reactionary. The trouble with community organizers is that they only know how to tear down, not build.

Obama's already put in place that which will reduce gasoline prices this summer, and that is that his policies have the US economy in the tank, and it's having an affect on world demand. Crude dropped $6 Thurs. and Friday, and I see a major slide coming due to a demand-side problem.

These people can't have it both ways. When defending their energy-choking policies, they say we're in a world market, and more extraction just won't help, yet here we have them admitting that they believe more supply can affect the price!

With Soros’ money and a fully-complicit media behind him, there is NOTHING the twit could possibly do that would “ensure his defeat in the election.”

He’s a shoo-in to win. All this electioneering by BO is geared to achieving reelection by a LANDSLIDE. Soros knows that the Republicans are likely to control both houses of Congress, so he wants his man to be able to claim that he alone represents the Will of the People.

29
posted on 05/05/2012 8:43:31 AM PDT
by Walrus
(Can a president be impeached for stupidity?)

The recent three year's history tells us that No One has stood up to his blatant violations of US Law thus far. There are numerous posts here about it, posted in excruciating detail. His media, his 96-97% of blacks, a major percentage of Hispanic voters, and the fully 1/2 of the other voters in this country scrounging off the rest of us confirm this. Of course he has the capacity, and it is happening; you just refuse to believe it. The fact that he isn't yet trying use the military is pointless. What do you think the DHS is going to do with 4.5 Million 9mm hollow point bullets they've recently contracted for?

Your cites are cherry picked to suit your point of view which is okay. I just am submitting the myriad posts and complaints from FR for the past three years as proof of his disregard for the law. I can’t hyperlink them like you. If I did, it would just be www.freerepublic.com.

The fact that one of his minions got caught espousing Obama’s tyranny isn’t fullscale justification for denying this government is up to just plain no good. Look for this communist being hired somewhere else in Obama’s administration.

Finally, while it is likely true that far more than 4.5 million rounds of ammunition are in the hands of CITIZENS who do not have to explain their motives because of 2A, it is still nonetheless uncomforting OUR government has deemed it necessary to stock up on 9mm hollow point bullets in an organization supposedly dedicated to Homeland Defense from a worldwide terror organization from without.....I suppose now we’ll see 9mm machine guns at TSA trying to catch that underwear bomber, huh?

Your government is up to no good. Whether you believe this or not is your problem. Believing this is not defeatism; it is realism.

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